LARIMER COUNTY, COLORADO
COMBINED BALANCE SHEET
ALL FUND TYPES, ACCOUNT GROUPS AND DISCRETELY PRESENTED COMPONENT UNIT
December 31, 1997
(With comparative totals for December 31, 1996)

  Governmental Fund Types Proprietary Fund Types Fund Types Account Groups        
          Enterprise   Expendable   General Primary Government Component Unit
    Special Debt Capital Solid Internal Trust & General Long-Term Memorandum Totals Public Trustee
  General Revenue Service Projects Waste Service Agency Fixed Assets Obligations 1997 1996 1997 1996
                           
ASSETS AND OTHER DEBITS                          
Petty cash $ 17,520 $ 90,584 $ - $ 100 $ 2,860 $ 680 $ 1,394 $ - $ - $ 113,138 $ 127,771 $ - $ -
Equity in Treasurer's pool (Note 3) 6,848,637 12,768,601 639,893 5,803,751 4,188,333 6,824,056 9,006,489               -               - 46,079,760 43,363,414               -               -
Taxes receivable 28,834,339 11,750,880               -               -               -               -               -               -               - 40,585,219 37,935,081               -               -
Special assessments receivable               -               - 2,059,366               -               -               -               -               -               - 2,059,366 2,274,331               -               -
Accrued interest receivable 170,305 7,374               -               -               -               - 5,091               -               - 182,770 235,917               -               -
Due from other County funds (Note 4) 643,553 1,477,560 43,954 98,524 155,358 319,524 441,789               -               - 3,180,262 6,950,826               -               -
Due from other governmental units 304,312 3,169,540               - 12,560 72,679 17,923               -               -               - 3,577,014 2,381,934               -               -
Other receivables 26,582 189,519               - 668,162 320,238 38,394 140,537               -               - 1,383,432 629,606               -               -
Prepaids 17,518               -               -               - 6,410 106,161               -               -               - 130,089 143,186               -               -
Inventories               - 397,308               -               -               - 141,694               -               -               - 539,002 391,458               -               -
Food stamps/commodities               - 189,890               -               -               -               -               -               -               - 189,890 2,327,286               -               -
Restricted assets:                          
Cash 42,228 12,366               -               - 10,400               - 771,331               -               - 836,325 857,228 314,075 217,218
Deferred compensation plan investments (Note 5)               -               -               -               -               -               - 8,475,081               -               - 8,475,081 6,984,527               -               -
Land               -               -               -               - 369,760               -               - 10,080,607               - 10,450,367 8,583,020               -               -
Buildings               -               -               -               - 3,472,412 52,334               - 15,254,347               - 18,779,093 18,712,767               -               -
Improvements               -               -               -               - 88,459 1,035,066               - 10,418,358               - 11,541,883 11,527,641 10,936 10,936
Equipment               -               -               -               - 1,929,654 1,868,507 67,489 27,098,543               - 30,964,193 27,724,737 31,750 19,970
Construction in progress               -               -               -               - 40,857               -               - 399,689               - 440,546               -               -               -
Less: Accumulated depreciation               -               -               -               - (1,521,263) (1,572,932)               -               -               - (3,094,195) (2,671,063)               -               -
Amount available in Debt Service Fund               -               -               -               -               -               -               -               - 601,584 601,584 709,229               -               -
Amounts to be provided for retirement of general                          
long-term obligations               -               -               -               -               -               -               -               - 6,791,563 6,791,563 6,370,205               -               -
                           
TOTAL ASSETS AND OTHER DEBITS $ 36,904,994 $ 30,053,622 $ 2,743,213 $ 6,583,097 $ 9,136,157 $ 8,831,407 $ 18,909,201 $ 63,251,544 $ 7,393,147 $ 183,806,382 $ 175,559,101 $ 356,761 $ 248,124
                           
LIABILITIES, EQUITY AND OTHER CREDITS                          
                           
LIABILITIES:                          
Warrants payable $ - $ 299,352 $ - $ - $ - $ - $ 330,818 $              - $ - $ 630,170 $ 1,412,486 $ - $ -
Accounts payable 178,362 1,376,786               - 121,749 147,961 127,987 3,614,357               -               - 5,567,202 5,356,391               -               -
Due to other County funds (Note 4) 641,025 1,686,709 23,063 16,660 9,332 249,916 553,557               -               - 3,180,262 6,950,826               -               -
Due to other governmental units 185,472 1,330,449               - 520 43,627 25,437 5,092,568               -               - 6,678,073 7,721,592               -               -
Deferred revenue 29,103,851 11,536,492 2,053,566               - 4,601 39,791               -               -               - 42,738,301 40,329,249               -               -
Payable from restricted assets:                          
Customer deposits               -               -               -               - 10,400               -               -               -               - 10,400 8,700               -               -
Employee deferred compensation               -               -               -               -               -               - 8,475,081               -               - 8,475,081 6,984,527               -               -
Other liabilities               -               -               -               -               -               - 705,447               -               - 705,447 653,156 89,380 11,311
Accrued compensated absences               -               -               -               - 51,026 109,308               -               - 4,521,215 4,681,549 4,302,511               -               -
Closure and postclosure care (Note 9)               -               -               -               - 3,047,638               -               -               -               - 3,047,638 2,884,330               -               -
Claims payable (Note 7)               -               -               -               -               - 919,109               -               -               - 919,109 966,306               -               -
Capital lease obligation (Note 8)               -               -               -               - 2,019,917 42,671               -               - 304,006 2,366,594 2,979,198               -               -
Special assessment debt (Note 10)               -               - 65,000               -               -               -               -               - 1,792,926 1,857,926 2,232,995               -               -
Note payable (Note 11)               -               -               -               -               -               -               -               - 775,000 775,000 56,132               -               -
Total Liabilities 30,108,710 16,229,788 2,141,629 138,929 5,334,502 1,514,219 18,771,828               - 7,393,147 81,632,752 82,838,399 89,380 11,311
                           
EQUITY AND OTHER CREDITS (Note 15):                          
Contributed capital (Note 13)               -               -               -               - 116,936 934,039               -               -               - 1,050,975 1,036,819               -               -
Investment in general fixed assets (Note 6)               -               -               -               -               -               -               - 63,251,544               - 63,251,544 57,923,660 42,686 30,906
Retained earnings:                          
Reserved               -               -               -               - 1,549,996 6,383,149               -               -               - 7,933,145 7,756,518               -               -
Unreserved               -               -               -               - 2,134,723               -               -               -               - 2,134,723 1,341,872               -               -
Fund balances:                          
Reserved 365,772 5,302,861 601,584               -               -               -               -               -               - 6,270,217 5,005,670               -               -
Unreserved:                          
Designated 6,430,512 8,520,973               - 6,444,168               -               -               -               -               - 21,395,653 19,505,138 224,695 205,907
Undesignated               -               -               -               -               -               - 137,373               -               - 137,373 151,025               -               -
Total Equity and Other Credits 6,796,284 13,823,834 601,584 6,444,168 3,801,655 7,317,188 137,373 63,251,544               - 102,173,630 92,720,702 267,381 236,813
                           
TOTAL LIABILITIES, EQUITY AND OTHER CREDITS $ 36,904,994 $ 30,053,622 $ 2,743,213 $ 6,583,097 $ 9,136,157 $ 8,831,407 $ 18,909,201 $ 63,251,544 $ 7,393,147 $ 183,806,382 $ 175,559,101 $ 356,761 $ 248,124

The Notes to Financial Statements are an integral part of this exhibit.

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